All the IT professionals are familiar with the ACAMS CAMS Mock Exam exam. And all of you dream of owning the most demanding certification. So that you can get the career you want, and can achieve your dreams. We believe that the trial version will help you a lot. If you are not certain whether the CAMS Mock Exam prep guide from our company is suitable for you or not, so you are hesitate to buy and use our study materials. So that you can get the latest exam information in time.
CAMS Certification CAMS Missing the chance, I am sure you must regret it.
The Software version of our CAMS - Certified Anti-Money Laundering Specialists (the 6th edition) Mock Exam study materials can simulate the real exam. As a reliable product website, we have the responsibility to protect our customers' personal information leakage and your payment security. So you can be rest assured the purchase of our CAMS Latest Test Questions Answers exam software.
Of course, CAMS Mock Exam learning materials produced several versions of the product to meet the requirements of different users. You can also ask to try more than one version and choose the one that suits you best. And we have three different versions Of our CAMS Mock Exam study guide: the PDF, the Software and the APP online.
ACAMS CAMS Mock Exam - So their perfection is unquestionable.
Our CAMS Mock Exam practice engine with passing rate up to 98 percent can build a surely system to elude any kind of loss of you and help you harvest success effortlessly. We are in dire to help you conquer any questions about CAMS Mock Exam training materials emerging during your review. If you want to be accepted as an indispensable member in your working condition, and obliterate opponents from a great distance, start by using our CAMS Mock Exam exam prep to pass the CAMS Mock Exam exam now.
Even if you know little about computers, you can easily begin to do exercises of the CAMS Mock Exam real exam dumps. Also, we have invited for many volunteers to try our study materials.
CAMS PDF DEMO:
QUESTION NO: 1
An institution is about to release a new peer to peer (P2P) funds transfer product to provide much needed remittance services to an under-banked population segment in the country.
The service allows customers to transfer funds through a mobile banking application to individuals worldwide entering only a name and mobile number. The new service charges less than comparable market solutions and offers real time transfer of funds. The customer onboarding process is conducted at branch locations with identity verification.
Which three present the highest anti-money laundering or sanctions risk and will require controls prior to launch? (Choose three.)
A. Limited access to counterparty information
B. Customer onboarding
C. Cross-border functionality
D. Servicing the under-banked population
E. Real time transfer of funds
Answer: A,B,E
QUESTION NO: 2
Which AML standards have force of law?
A. Standards as defined in the Third European Union Money Laundering Directive (2005/60/EC)
B. 40 Recommendations
C. Standards as defined by World Bank / International Monetary Fund (IMF)
D. Standards as defined by the United Nations (UN)
Answer: A
QUESTION NO: 3
What is the appropriate compliance control for identifying politically exposed persons (PEPs) according to the Basel Committee's paper on Customer Due Diligence for Banks?
A. Requiring that the customer discloses that they are a PEP or an associate of a PEP
B. Determining that a local figure is a PEP
C. Reviewing when a relationship is established
D. Reviewing relationships at account opening and on a periodic basis
Answer: D
QUESTION NO: 4
Which aspect of the USA PATRIOT Act impacts foreign financial institutions?
A. Expanding the anti-money laundering program requirements to all foreign financial institutions
B. Requiring enhanced due diligence for foreign shell banks
C. Expanding sanctions requirements to a U.S. financial institution's foreign branches
D. Providing authority to impose special measures on institutions that are of primary money- laundering concern
Answer: D
QUESTION NO: 5
How do drug traffickers and other criminals use the fine art industry to disguise illicit proceeds?
A. They immediately resell priceless works of art after purchase from a foreign auction house
B. They use anonymous agents to buy the art and have the payment wired from offshore havens
C. They commingle legitimate and illicit proceeds by principals for payment of fine art
D. They use forged or fraudulent invoicing of priceless works of art by auction houses
Answer: B
Long time learning might makes your attention wondering but our effective Fortinet NSE5_FSW_AD-7.6 study materials help you learn more in limited time with concentrated mind. Databricks Databricks-Certified-Professional-Data-Engineer - Then just click to buy and pay for the certain money. Unlike some products priced heavily and too heavy to undertake, our ISTQB ISTQB-CTFL-KR practice materials are reasonable in price. Not only that our HP HPE7-A01 exam questions can help you pass the exam easily and smoothly for sure and at the same time you will find that the HP HPE7-A01 guide materials are valuable, but knowledge is priceless. However if you buy our EMC D-VXR-DS-00 exam engine, you just only need to spend 20-30 hours to practice training material and then you can feel secure to participate in this exam.
Updated: May 28, 2022